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Wachovia going to the dark side!

March 9th, 2007 at 09:25 pm

Well our daughter's team has a game tonight but she will not be playing of course. Here's to hoping they win! Smile

I got a letter from Wachovia today that really ticked me off. Starting April 1st there will be a $5.95 monthly charge for accessing your accounts directly from Microsoft Money, Quicken or Quickbooks UNLESS you have a certain type of account (which means you have to hold an average daily balance of at least $1500 to keep the access free.) Well I've never had a problem with Wachovia before but in my current debt situation I'm in no position to keep an average daily anything! So I'm considering switching to Commerce Bank here in PA. They have a free checking account that fits our needs (and our company now banks with them...we also switched away from Wachovia business-wise about a year ago) and no fees for using MS Money. Since my wife and I have seperate checking accounts they want $5.95 from each of us which is ridiculous. We both agreed a single checking account serves our needs better anyways. The only thing is everything I pay is online with our current accounts and we'd have a lot of data to change but it's not worth the ridiculous service charges! Maybe after I'm debt free I can revisit accounts with mandatory minimum balances but for now it's not money smart to do that.

Either that or just go to Wachovia's site and download it to Money from there. Bank of America already makes me do this for credit cards so it would just be more time downloading transactions. I'll have to decide!

So far no $ spent today...but I'm sure tonight there will be some $ spent. I mentioned the shirts and I'll put them down later tonight. Here's the tale of the tape: $17 on dinner for four after the game (they won!) and $20 on the shirts. So $37 spent.

***Friday Spending Plan***
Balance: $105
Spent: $37
Remains: $68

***Weekly Stock update***
Revisiting the CRWN I bought the day after President's Day at $3.90. It closed today at $4.92 (up around 70 cents since start of day Thursday!)

1 Responses to “Wachovia going to the dark side!”

  1. jIM_Ohio Says:
    1173497921

    done with bank fees. I like free accounts. One reason I don't chase a .5% interest at other locations. Rates change all the time, I want FREE banking.

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